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Stat of the Day

Updated June 2, 2005 7:21 p.m. ET

Job cuts shot higher last month, with more than 82,283 announced layoffs in May, according to Challenger, Gray & Christmas. Those layoffs equal a 42% rise from April, the labor-research firm said. The computer sector took the biggest hit, with 17,886 layoffs last month -- three times more than reported in April. Transportation had 7,339 announced pink slips. Challenger's report is based on job-cut announcements in major media outlets.